Amazon grew sales 23% to $19.34 billion in the second quarter of 2014, or 22% excluding foreign exchange. It experienced a net loss of $126 million, compared with net loss of $7 million in second quarter 2013. The company warned Read more
A Louisiana man has sued eBay over a security breach in which cyber criminals gained access to a database containing user information including names, addresses and dates of birth. eBay said the file did not contain financial information. The lawsuit Read more
While other tech giants, including Amazon and Google, are launching mobile devices, eBay has stayed on the sidelines, preferring instead to develop applications that can be used on other companies’ devices. And as we noted yesterday, it’s turning rivals into Read more
eBay was the target of cyber criminals again, New York law enforcement revealed on Wednesday. Police arrested six people in connection with an international cyber crime ring whose members hijacked StubHub user accounts. The Manhattan District Attorney said more than Read more
In the old days of eBay, when you made a purchase or sold an item, complete transparency was assumed thanks to the feedback system. Buyers and sellers left feedback for each other that everyone could see, including information about the Read more
Despite being fierce rivals in the ecommerce space, eBay and Amazon came together this week thanks to mobile apps for the new Amazon Fire smartphone. In a press release touting its Appstore and new apps created especially for the Fire’s Read more
After redesigning its logo and then its homepage earlier this year, PayPal has began rolling out a new “user experience,” which it announced last month in a post on the PayPal blog. But some sellers expressed confusion over the new design and functionality as Read more
Selling 120 million different products in 30 different categories, Amazon anticipates reaching 200 million SKUs in the next two years. The normally tight-lipped Amazon has loosened its lips this month – the latest interview coming from a senior exec in Read more
Amazon is apparently considering a peer-to-peer fulfillment option for when sellers are out-of-stock or otherwise unable to fulfill an order themselves. The marketplace is currently conducting a survey of sellers titled, “The impact of shipping speed on customers and performance.” Read more
eBay has found an interesting way to build a personalized mailing list of collectors who might be interested in its new live-auction platform, coming soon, in which Sotheby’s is a key partner. eBay is running a sweepstakes offering a chance to Read more
